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YTG COVID-19 Economic Support

Wednesday, 1 April 2020 16:38

The Government of Yukon today announced details of supports available to address the economic impacts of event cancellations related to COVID-19.

Minister Pillai announced the Temporary Support for Events Funding Program, which will help businesses recover certain costs from the cancellation of major events due to COVID-19.

Major events are those which would have had gatherings of more than 50 people, such as the Arctic Winter Games or Yukon Native Hockey Tournament.

These costs relate specifically to perishable goods and the cancellation of accommodation and services. All eligible Yukon businesses and NGOs may apply.

The Government of Yukon is taking a targeted approach to supporting Yukon businesses and workers impacted by COVID-19 and will continue to work with all stakeholders, including the Government of Canada, to assess the economic impacts and support our economy.

Minister of Economic Development Ranj Pillai said in a statement, The Government of Yukon continues to develop and implement measures to actively support Yukon businesses and NGOs during this challenging time.

This support program targets losses around the cancellation of major events, such as the Arctic Winter Games. This is the latest in a series of measures the Yukon government has implemented to support Yukon's economy, and we will continue to listen and act quickly to support our local economy during these unprecedented times.

This program is part of the stimulus package announced by the Government of Yukon on March 16 to support businesses and workers.

The stimulus package also includes the Business Advisory Council and the Paid Sick Leave program, as well as changes to the Yukon Nominee Program announced on March 25.

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